Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Fortis, an insurance company, has announced plans to create more than 1500 jobs across the UK. The new jobs come as part of an agreement between the company and the supermarket giant Tesco. The agreement foresees the provision of Fortis car insurance products to the financial branch of Tesco. As of 13 September 2009 no date has been given for the implementation of the new jobs.
Eurofound (2009), Fortis, Business expansion in United Kingdom, factsheet number 69527, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69527.